Gartner Research

Enhanced Finance Controls and Automation Fills the Gaps in ERP and CPM Processes

Published: 13 October 2014

ID: G00258579

Analyst(s): Christopher Iervolino, John Van Decker

Summary

Solutions addressing "The Last Mile of Finance" and financial governance have expanded to include functionality currently missing from ERP and CPM platforms. These enhanced finance controls and automation solutions now are presenting innovative opportunities to improve the finance function.

Table Of Contents
  • Impacts

Analysis

Impacts and Recommendations

  • Finance applications strategists often begin their EFCA journey by searching for an application to improve reconciliations management
    • New Innovations
  • Financial process and close management solutions present an opportunity for finance strategists by providing controls throughout the accounting period and improving enterprise collaboration
    • New Innovations
  • As EFCA suites expand to address more functionality, financial strategists will need to determine how to select suite solutions and take advantage of leading capabilities

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